Shenzhen Haichengjin Industrial Development Co., Ltd. announced that it expects to receive CNY 3.0777693 billion in funding from Shenzhen New Nanshan Holding Co., Ltd.
July 13, 2021
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Shenzhen Haichengjin Industrial Development Co., Ltd. announced a private placement of CNY 3,077,769,300 on July 14, 2021. The transaction will include participation from new investor Shenzhen New Nanshan Holding (Group) Co., Ltd. for an equity stake of 51.0204%. The company will issue common shares in the transaction. The transaction was approved in the 10th session of its 6th directorate, and it still needs to be approved by the company’s shareholders. The comapny will add CNY 625,000,000 as registered capital, and CNY2,452,769,300 as capital reserve.
Shenzhen New Nanshan Holding (Group) Co.,Ltd, formerly YAHGEE MODULAR HOUSE (GROUP) CO., LTD, is a China-based company principally engaged in the development and sale of real estates. The Company is also involved in modular house and marine outfitting businesses. The Companyâs main products include residential buildings, commercial real estates, industrial real estates, activity rooms, packing cases, modular spaces, special containers, ancillary products, marine supporting rock wool boards, cabin fireproof doors, marine hygiene units and ship spaces, among others. The Company distributes its products in domestic market and to overseas markets.
Shenzhen Haichengjin Industrial Development Co., Ltd. announced that it expects to receive CNY 3.0777693 billion in funding from Shenzhen New Nanshan Holding Co., Ltd.